Why Upstart Is Rising Today
Shares of the artificial-intelligence (AI)-centric lender Upstart Holdings (NASDAQ: UPST) traded nearly 5% higher as of 1:43 p.m. ET today after the company announced a new partnership with Salesforce.com. Also, people on social media are noticing a new piece of information on the website that suggests the company automated a higher percentage of loans in the first quarter of the year.
Upstart announced a new partnership with Salesforce this morning called Upstart AI Lending for Salesforce, which enables bank and credit union employees to launch a loan application for borrowers through any mode of communication, whether it's when borrowers are on the phone with customer service or through a QR code.
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Source Fool.com
